236 Princes Highway South Nowra, NSW 2541
Expressions of Interest
4.07ha (10.06 acres)
B5 Business Development
Multi Tenant Site With Further Development Potential
South Nowra has already become a commercial hub and with the flexible B5 Zoning this site is primed for further development. The majority of the block is B5 Business Development with a small amount at the rear being E2 Environmental Conservation.
Located a few properties South from Bunnings (who are looking to expand and build a $27.8m new site), Harvey Norman & the newly constructed Masters Building.
Currently the site is split over two tenancies with a gross income of $170,000 ex GST while there is plenty more land ready to be developed with the fill already in place.
A proposed link road could happen in the future which would ease sub division and add two street frontages if it was to go through.
The Berry Bypass is nearing completion, the $630 million Albion Park Rail Bypass has started and the $1.5 billion Nowra Bridge is to happen in the coming years all helping traffic flow through to South Nowra. Within a few years Nowra will have the first commercial properties on the Highway South of Sydney.
Both the Navy & Correctional Centre have gone through major expansions in the region recently further adding to the Commercial viability of the location.
Call Jared Cochrane on 0404 210 824 for further information.
***Agent Discloses Interest***
Property ID: 503088710Last Updated: 6 Jun 2019